Bank of New York Mellon Corp Grows Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Bank of New York Mellon Corp raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 31.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,916 shares of the company’s stock after buying an additional 6,215 shares during the quarter. Bank of New York Mellon Corp’s holdings in VanEck Semiconductor ETF were worth $6,276,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SMH. JPMorgan Chase & Co. lifted its position in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after purchasing an additional 253,300 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of VanEck Semiconductor ETF by 144.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after purchasing an additional 202,744 shares in the last quarter. Bank of Montreal Can lifted its position in shares of VanEck Semiconductor ETF by 69.4% during the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after purchasing an additional 134,760 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in VanEck Semiconductor ETF by 7.0% in the third quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after acquiring an additional 113,705 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 3.2 %

Shares of NASDAQ:SMH opened at $226.57 on Monday. The firm’s 50 day moving average price is $243.81 and its 200 day moving average price is $244.43. The stock has a market cap of $21.45 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $198.44 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a $1.0713 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Semiconductor ETF Company Profile

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.